After the Divorce, I Could Hear the Voice of the Future
Chapter 592: No. 585: Those who are favored are fearless.

Chapter 592: No. 585: Those who are favored are fearless.

"What do you have that Tesla doesn’t?"

Wilson’s lips curled into a smile, his furrowed brows gradually relaxed. He vaguely guessed Lu Liang’s intention.

Feeling a sense of pride, Lu Liang proactively initiated the discussion, which meant the distance to getting him onboard and becoming one of us wasn’t far.

Lu Liang pointed to his own nose, chuckled lightly, and said, "I have myself. Isn’t that enough?"

Musk has always wanted to help humanity colonize Mars, and I must say, this pie he drew is extremely professional.

Because when a company draws a pie, they emphasize skill, ideally there’s a possibility of completion, but it’s very difficult to complete, and when it does, the rewards are unimaginably bountiful.

Mars colonization is the ultimate pie that a tech-oriented company can draw, and he is now gradually progressing in this direction.

Lu Liang can only offer himself, but staking himself as a chip is already sufficient.

Panda, NIO, DiDi – all strong testimonies and all undoubtedly great successes.

Tianxing Automobile is his pride and joy, the main enterprise into which he has poured every ounce of effort.

He can say with great confidence that once Tianxing Automobile goes public in the United States, its market value will surely surpass Tesla’s.

"Kamon, perhaps you think I’m bragging, but a year ago, I launched a 300 billion scale equity fund..."

Lu Liang was interrupted halfway through his sentence as Wilson laughed and waved his hand, "No, I believe you have that strength. Let’s talk about how to collaborate."

"Tianxing Automobile’s valuation is 16.2 billion US dollars," Lu Liang said.

By the end of last year, they were just funded at 9 billion US dollars, but time changes, now it should legitimately have an 80% premium.

"It’s high, but that’s negotiable." Wilson pondered for a long time, looked at Lu Liang indicating him to continue.

"As long as JPMorgan Chase joins, we plan to go public within three years." Lu Liang’s eyes hinted a smile.

All asset managers have one thought, that is, not losing. Only on the basis of not losing can one make small profits and then large profits.

But how can you ensure not losing? It’s only by hedging on both ends, and there’s a professional financial term called risk hedging.

Suppose Lu Liang is a very professional financial man; while shorting Tesla, he also chooses to go long.

Assume available funds are one million; he shorts Tesla with six hundred thousand and invests three hundred thousand to go long while reserving ten thousand just in case.

This ratio is not fixed but follows market sentiment and trend judgments, always ready to make changes.

"We need a regulatory seat." Wilson contemplated. He was unwilling to be just an ordinary shareholder.

He is an non-executive director representing JPMorgan for Tesla, and Lu Liang wants them to be treated equally, so he must offer the same treatment.

Lu Liang frowned, feigned hesitation, "Kamon, you know, Tianxing Automobile has yet to establish a board of directors."

Without waiting for Wilson’s response, he paused and said, "But to let you join, I’m willing to make an exception."

Wilson’s grin was harder to suppress than an AK. He took a deep breath to calm down, "What if we don’t go public in three years?"

"Possible?" Lu Liang retorted.

Going public for other enterprises might be an ultimate goal, but for him, it’s a piece of cake.

Wilson pressed him step by step, "It’s very unlikely, but not impossible, should we wait in vain for three years?"

Recently, he had been reading the Eastern novel "Journey to the West," and coincidentally, he read about Tang Seng persuading Sun Wukong to wear a hat.

The existence of conditions, though meant to impose restrictions, most of the time serves as deterrents and entities of submission.

Just like the monkey, why does it always want to strike Tang Seng with a stick after wearing the hat? Obviously, just submit, and there’ll be no scriptures chanted.

Because it’s a form of humiliation, but he eventually accepts it, much like this moment.

He also hoped Lu Liang would accept it.

"Three years, 5% annual interest." Lu Liang said coldly.

"Isn’t the normal rate 8%?" Wilson asked with a smile.

Before Lu Liang could respond, he quickly laughed, "Alright, let’s settle for 5%."

He knew Lu Liang already understood his intention and accepted it.

As long as the acceptance is there, he should not exert too much pressure at once, or it could easily lead to a falling out.

Just like when Lure catches a big fish, alternating between tension and relaxation, while reeling, a tug-of-war can easily last a couple of hours.

If even fish are like this, let alone people.

Wilson and his team members stayed in Modu for two days.

The first day, paid Tianxing Private Equity for its holding of 6.2 million shares of Tesla, at a price of 1,200 US dollars per share, amounting to a total of 7.44 billion US dollars.

On the second day, at a valuation of 16.2 billion US dollars, splurged 3.24 billion US dollars to invest in Tianxing Automobile, holding 20% of its shares, becoming the second-largest shareholder after Lu Liang and the first non-executive director.

After this round of financing, Lu Liang’s shareholding of Tianxing Automobile dropped to 46.08%, JPMorgan Chase’s holding of 20% shares ranked second, followed closely by institutions such as DiDi, Golden Sand River, Redwood, Gao Zhen, JD.

Once the news was announced, there was an uproar in the industry.

Tianxing Automobile raised funds at a valuation of 16.2 billion US dollars, indicating another surge in Lu Liang’s personal wealth.

There are still eight months left this year, the title of top ten gatekeepers will surely be removed, but it’s hard to say at what level he’ll reach.

At the same time, there’s a rumor spreading that Lu Liang cleared out Tesla, leaving not a single share.

Unlike the previous reduction, reductions only indicate a temporary portfolio adjustment; in the future, there might still be increases.

But clearing out implies Lu Liang has no hope for Tesla’s future.

The industry is abuzz with speculation. Some say, Lu Liang’s single bet on Tianxing Automobile is gambler moves. Others say Lu Liang is intentionally suppressing Tesla, making him an unqualified fund manager.

And some suspect the authenticity of this message.

Last month, before the reduction notice was released, Tianxing Private Equity Fund held Tesla stocks, making up 5.08% of outstanding shares.

How could it be possible to clear out stocks in such a short time? Surely, it’s a bearish message spread by a person with ulterior motives.

Beijing, at four o’clock in the afternoon, US stocks begin pre-market trading, Tesla’s stock price drops significantly, instantly breaking the 1,000 US dollar barrier.

The truth of the news was still being pondered by retail investors, but big institutions had received advance notice, Tianxing was clearing out, JPMorgan was taking over.

This isn’t good news because the chips become more concentrated, JPMorgan should already hold over 20% of Tesla’s outstanding shares.

With chips highly concentrated in the hands of the main force, future fluctuations are at their discretion, others should stop playing.

Wilson was caught off guard by the sudden spread of news and couldn’t help but look at Lu Liang.

Lu Liang shrugged, smiled and said, "A great and excellent company needs market competitiveness, market resilience, rather than being blindly elevated to the altar. Kamon, I’m helping you make selections."

Wilson had the words at the tip of his tongue, but swallowed them back, sighed and said, "Let’s not have this again; at least give me a heads up."

Tesla, after the increased holding, holds 21.25% of outstanding shares, and Tianxing holds 20% of the equity.

Regardless of how you slice it, he and Lu Liang are in their honeymoon phase, making it hard to say anything harsh.

"Understood." Lu Liang affirmed with a slight nod, a hint of a subtle smile appearing on his lips.

He hadn’t made a decision yet, planned to drag it out for another three years, first to see Old Ma’s result, and then make a choice.

Although fence-sitters easily end up offending both sides, he was no longer considered as weeds, but as someone both sides needed to woo.

Tianxing Automobile doesn’t necessarily need to go public; the cost is merely 3.24 billion US dollars plus 486 million US dollars in interest.

3.24 billion US dollars, at 5% annual interest, even investing in U.S. Treasuries, wouldn’t lose much.

Soon, JPMorgan Chase Bank announced externally, increasing its holding by 6.2 million shares of Tesla.

Once the news spread, US stocks fluctuated, confirming the circulating rumors.

Lu Liang cleared out Tesla, the one assuming control was JPMorgan Chase.

Tesla’s pre-market trading slightly rebounded but still couldn’t return to 1,000 US dollars.

After all, Lu Liang’s strength is undeniable, on the other hand, JPMorgan has always been Tesla’s top outstanding shareholder.

Media analyzed JPMorgan’s choice to take over Lu Liang’s chips as a rescue move.

If the 6.2 million shares were to flow entirely into the secondary market, it wouldn’t be earth-shattering, but at the very least, it’d be alarming.

Wall Street’s three major rating agencies, Pu’er, Moody’s, and Fitch all downgraded Tesla’s ratings from a strong buy at 3A to a recommended buy at 1A.

Lu Liang’s sell-off of Tesla shares continued to ferment, forcing Wilson to leave Modu sooner than planned.

As he departed, he whispered to Lu Liang, "Travel abroad less in the second half of the year. If it’s absolutely necessary, best to contact me beforehand."

"Second half of the year?" Lu Liang furrowed his brows. The second half starts from July, precisely when the United States imposes tariffs.

Asking him to travel abroad less meant what? Could it be that the France Alstom incident would be reenacted?

Wilson nodded in confirmation, "I can’t intervene, but I don’t want you to become that standout bird."

"Thank you, take care."

Lu Liang, for the first time, proactively embraced Wilson, maintaining the relationship evidently had some benefit.

At least it made him aware that the France Alstom incident would unfold domestically.

Preventing him from becoming the protagonist, though it’s unclear who the ’lucky one’ will be.

"Same to you."

Wilson left behind a total of 10.68 billion US dollars.